BOE Governor Sees Signs AI is Starting to Boost Economies

Moore Threads Technology Co., a Chinese artificial intelligence chipmaker, has cautioned investors about heightened trading risks following a dramatic surge in its stock price, which increased more than eightfold in the week after its initial public offering. This volatility raises concerns about market stability and investor sentiment in the tech sector.

Cisco Systems Inc. has achieved a significant milestone by surpassing its dot-com era stock record for the first time in over 25 years, largely attributed to the surge in artificial intelligence investments. This resurgence reflects a broader trend in the technology sector, where companies are increasingly capitalizing on AI advancements to drive growth.

A recent survey indicates that CEOs are optimistic about the economic impact of artificial intelligence (AI), while also expressing concerns about its potential to weaken the job market. This dual perspective highlights the complexities of integrating AI into business strategies.